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#905: Looking at your Amazon numbers on Coaches Corner

Silent Sales Machine Radio · with Jeff Schick · October 9, 2024 · 53 min

Summary

This episode is a deep dive into the critical numbers every Amazon seller needs to track for predictable and profitable growth. It covers everything from intelligent inventory investments and ASIN testing strategies to leveraging powerful tools like Keepa and understanding Amazon’s reimbursement policies. Operators will learn how to build robust systems ensuring long-term success and financial health on the platform.

Key takeaways

Themes

amazon & marketplacessupply chain & operationsanalytics & attribution

Topics covered

amazon fba strategiesamazon inventory managementasin testingkeepa data analysisamazon reimbursement policysourcing strategiesamazon business growthprofitability metrics

Episode description

In this episode, we dive deep into the numbers that drive a successful Amazon business.   From the importance of consistent inventory investments and ASIN testing to the power of strong systems, we break down how to grow predictably, sustainably, and profitably. Learn about sourcing strategies, Keepa's invaluable tools, and why testing new ASINs is the ultimate key to long-term success.   Tune in as we share insights, practical tips, and motivational advice to keep your business on track and thriving.   Our special guest and legal advisor at the conclusion of today's show, Jeff Schick of JeffSchick.com discusses his reimbursement service offered with his monthly retainer. Amazon often times loses inventory or recovers refunds that aren't credited to the seller's account. They are changing the period of time you can recover funds owed to you so check it out soon!   Watch on our YouTube channel: https://youtu.be/M9tXnG1ubqs     Show note LINKS:   SilentJim.com/bookacall - Book a FREE call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course   SilentSalesMachine.com - Text the word "free" to 507-800-0090 to get a free copy of Jim's latest book in audio about building multiple income streams online or visit https://silentjim.com/free11   My Silent Team Facebook group - <a class= "ProsemirrorEditor-link" href= "https://www.facebook.c

Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Implement a consistent ASIN testing strategy to identify winning products and ensure long-term growth and profitability on Amazon.
What does this episode say about supply chain & operations?
Utilize Keepa for in-depth data analysis to inform sourcing decisions and optimize product listings effectively.
What does this episode say about analytics & attribution?
Develop strong internal systems for inventory management and operations to create predictable, sustainable, and profitable growth.
What does this episode say about amazon & marketplaces?
Regularly audit your Amazon account for lost inventory and uncredited refunds, and consider using a reimbursement service to recover owed funds, especially with changing Amazon policies.
What does this episode say about amazon & marketplaces?
Invest consistently in inventory for promising ASINs, but always with a data-driven approach to minimize risk and maximize ROI.

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